Wiring Instructions

/Wiring Instructions
Wiring Instructions2019-06-11T13:14:03-05:00

ALWAYS VERBALLY VERIFY ALL WIRING INSTRUCTIONS!  

Call Us At 410-263-7336

One of our most important roles as a title company is to protect our clients’ interests, during what is typically one of the largest and most important financial transactions of their lives – purchasing their home. While our industry has taken great measures to insure the safety and security of real estate transactions across the board, the adoption of technology in our industry has opened us all up to cyber crime and wire fraud, both of which are rising rapidly. Hardly a day goes by without news of a new cyber attack plaguing our industry. In fact, the number of wire fraud scams reported by title companies to the Internet Crime Complaint Center spiked 480% in 2016, according to the FBI.

Protecting you and your investment remains our key concern. This is why we have implemented the following Wire Policy:

WIRING BUYER FUNDS

WIRING SELLER PROCEEDS

  • $7,500+ = Bank Wire ONLY (Must be sent before closing. Bank/book transfers will not be accepted.)
  • Under $7,500 = Bank Cashier’s Check (payable to Admiral Title Group Corporation)
  • Under $2,000 = Personal Check
  • We require a check AND deposit slip for the account
  • All named that appear on title/deed must be printed on the check AND the deposit slip
  • A $50 wire fee will be deducted from the cash out

Please do not hesitate to contact us, should you have any questions pertaining to this policy or your wire. Also, please call our office at 410-263-7336 to VERBALLY confirm Wiring Instructions PRIOR to initiating a wire. We will NEVER change your wiring instructions via email!

This website uses cookies and third party services. Ok